How to Use the Job Settlement Grant Calculator
The youth job settlement grant is a Korean local-government support program that pays young employees at small and medium enterprises (SMEs) a settlement subsidy once they reach certain tenure milestones. Payments are typically disbursed at 6, 12, 18, and 24 months of continuous employment, with a cumulative total of up to 4,000,000 KRW once all 24 months are completed.
Enter your SME tenure in months to see which milestones have been paid, your cumulative payout so far, and how long until the next payment. Actual amounts and schedules vary by local government and program notice, so check the official youth policy page for the city or county where you work for exact terms.
Frequently Asked Questions
Payments are split across milestones at 6, 12, 18, and 24 months of tenure. Completing all 24 months typically yields a total of up to 4,000,000 KRW.
Amounts already paid usually don't need to be repaid, but you won't receive the next milestone payment since the tenure requirement is no longer met. Rules vary by local government program.
Age, company size, and residency requirements vary by local government notice, so check the youth policy announcement for the city or county where you work.